# PPP loan: METAL COATINGS CORP
> **$1.20M** approved 04/09/2020 · Paid in Full · Loan `8990907009`
## Borrower
- **Name:** METAL COATINGS CORP
- **Address:** 3700 Dunvale, Houston, TX, 77063-5714
- **NAICS:** 332812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $994K (83%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.10M
- **Utilities:** $100K
- **Jobs reported:** 149
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*